Ubisoft reported a revenue of €1.9 billion for the fiscal year ending March 2025, a 17.5% decrease from the previous year. Net bookings fell by 20.5% to €1.84 billion, while net bookings from the back catalogue dropped 13.5% to €1.3 billion. Despite these declines, the company generated positive free cash flow and completed its initial cost savings program ahead of schedule, with plans for an additional €100 million in savings over the next two years. The launch of Assassin’s Creed Shadows was highlighted as a significant event for the company.